A debt or obligation due or owed to be paid to for goods purchased or services rendered Until a bill is paid, the amount owed is considered an "account payable " See also: Balance Sheet, Liabilities Topic areas: Fundraising and Financial Sustainability
Liabilities incurred but not yet paid, for goods and services received by a governmental unit
The focal point for this dictionary is the voucher Detail is presented down to the payable line
(Ticaret) Ongoing expenses that occur at regular intervals and normally have the same dollar amount, such as rent or insurance payments. Accounts payable systems may automatically generate invoices for recurring payments for a single or multiple periods to avoid manual entry